Chart Pattern Surprises by Thomas Bulkowski
What chart patterns are really reliable, portending significant moves? This S&C author did some research,and we present the results from his survey of some 15,000 patterns.
In exploring and answering questions about the stock data we follow and the technical tools we use, sometimes we make startling discoveries. These discoveries may help you improve your investment performance or just add to your general knowledge. I spent a year studying more than 15,000 chart patterns while I was working on my book, Encyclopedia Of Chart Patterns . Of the dozens of surprises I uncovered, here are a few that you may find revealing and useful.